Major investors sought for a residential development strategically located on the main links to the city of Sofia. Buy the land and the project plans for €1.3 million.

Keys selling points:
• Great opportunity to get in at the start of the development cycle, building due to start second quarter 2008
• Buy at up to 30% below market rate against capital growth in excess of 10%
• A green field site zoned for commercial and residential development
• 15 minutes drive to the metro, 20 minutes to Sofia centre
• A select luxury, gated development, comprising 4 buildings each of 4 ground floor apartments, 4 first floor apartments and 2 penthouses.
• Spacious design with large garden terraces
• An underground double garage and storage for each apartment
• Quality fixtures and fittings including an option of bathroom and kitchen furniture packages
• Communal tennis court and swimming pool

There will be 4 buildings accommodating 8 apartments and 2 penthouses, all of a very spacious contemporary design, in a gated secure environment. Every apartment will have 2 underground car parking spaces plus a basement storage area with lift access from the basement to each floor. Quality fittings and clean, modern design throughout will ensure Sofia View will be a much sought after address. The location to live west of Sofia!

Dimensions will vary from 122m2 to 180m2 living accommodation with spacious terraces of around 50m2 to enjoy the breathtaking views of town and country. Every apartment will have its own double garaging area and secure storage. A range of furnishing packages will be available and included in the price will be furnished kitchens and bathrooms.

As the name implies, the cosmopolitan city of Sofia can be seen in the distance to the east. The land is gently sloping towards the east and benefits from the best air quality in Bulgaria. All apartments will be designed to offer spectacular views of Vitosha and the Stara Plana mountain range from their large garden patios yet will be only a 20 minute drive to the nearest metro station with a frequent service to the centre of Sofia.

Development and infrastructure is happening in and around Sofia at the moment. The west side where Sofia View is located is one of the last areas to be designated for development. The supply and demand for quality residential property in order to support the growth of commercial office and business parks will continue to be strong particularly in the emerging quarters outside the ring road. By the end of 2007 companies will no longer be able to have offices in residential buildings. Sofia View will be one of the very first quality residential developments to cater for this demand to the west of Sofia.

Investment strategy:

Purchase the land and the project: €1.3 million